A legal process that relieves debtors of the responsibility of paying their debts or protects them while they try to repay High Rate Method Credit Bankruptcy Credit Utilization Rate

The legal process you're referring to is bankruptcy. It provides debtors relief from paying their debts or protects them while they attempt to repay. The other terms you mentioned are: High Rate Method, Credit, Credit Utilization, and Rate, which are related to financial concepts but not directly tied to bankruptcy.